OT: Can dealer simply snatch your allocation once you are in V200 stage?
#1
Three Wheelin'
Thread Starter
OT: Can dealer simply ****** your allocation once you are in V200 stage?
This is a hypothetical assumption.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
#3
Three Wheelin'
Thread Starter
Yep, I am personally contemplating about this Montana LLC and weighing risks and benefits but this is if the person is actually moving to Montana. or for argument's sake, New Hampshire.
#4
Drifting
Wouldn’t it depend on the contract (agreement to purchase the car) you have with the dealer and the terms of the contract and not the order status.
Why not just talk with the dealer and tell them what you plan to do re registering the car in MT.
Why not just talk with the dealer and tell them what you plan to do re registering the car in MT.
#5
No, because you'll be the 100% owner of the LLC and can present that document to the dealership. It's just how you'll take title to the car. I registered my new GT3 through my MT LLC and was even able to get financing from Porsche Financial for it being the guarantor on the loan.
#6
GT3 player par excellence
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if i ran a business, you pay, i sell. i couldnt care less where your money come from dirty or clean. money is money.
i am a business not a church.
ala i dont run any business... so what do i know.
#7
RL Community Team
Rennlist Member
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i dont have a MTLLC but for a business not to sell to an out of state LLC is strange.
if i ran a business, you pay, i sell. i couldnt care less where your money come from dirty or clean. money is money.
i am a business not a church.
ala i dont run any business... so what do i know.
if i ran a business, you pay, i sell. i couldnt care less where your money come from dirty or clean. money is money.
i am a business not a church.
ala i dont run any business... so what do i know.
Yes, it would be strange if a Porsche dealership refused to sell a 718 to a Montana LLC. Strange, and stupid.
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#8
If the dealer actually cares about you being a local buyer, they will not care where you register the car, as long as they know you're local (they can see from your DL) and will possibly service the car there, or trade it back to them eventually. They don't care how you title it, they just prefer for you to keep the car in the area, as they're more likely to get additional revenue out of you that way.
#9
Platinum Dealership
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The issue is more corporate as lots of international brokers operate and export.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.
#10
The issue is more corporate as lots of international brokers operate and export.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.
If the dealer knows you, and knows that you're actually a local guy, in theory they shouldn't care where you title and register. They might want to do the registration for you though.
Cash is not an issue as long as properly reported. You have to file form 8300 with the IRS if you receive cash over 10K. So it's not a liability if you do the reporting -- might be more of a PITA just to deal with it than anything else.
#11
This is a hypothetical assumption.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
You do not have to have the dealer register your car out of state. You may have to do a little negotiating; but, if you ask for it, usually the dealership will, simply, give you a 30 day temporary drive away registration. Which allows you time to work with your out of state LLC set up company to get it going for you.
Some dealers require you take ownership of the car out of state which adds a bit of a complication. With a little imagination, though, you can come up with a work-around.
Keep on it, is my advice. It's worth the effort.
Good luck
#12
This is a hypothetical assumption.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
Say that you got a GT car allocation at MSRP at a dealership in NY who cares about local business and etc.
You are in V200 status and in PCNA system with your name.
While the car is being built, you find out that your job wants you to move to a different state. (for example Montana with 0% sales tax)
Can your dealership take away your allocation because you won't be a local customer? Or once you have V200 with comm #, are you pretty much safe?
Can you still register vehicle under Montana so you don't have to pay ridiculous 8% NY sales tax?
Thank you.
PS - I'm not moving.
Unless you have special agreement/contract, before you sign your purchase contract, anything is in the air.
#13
Three Wheelin'
Thread Starter
#14
Three Wheelin'
Dealers are paranoid about exporters because corporate can fine them big money if the car goes out of the country. Out of state purchases in low tax states are red flags. Tread lightly or you can lose your allocation.
#15
The issue is more corporate as lots of international brokers operate and export.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.
If you sell to a guy and he exports...you get fined A TON! So, unless a guy is a "known entity"
We are advised to get lots of info. Same thing with taking actual green cash for payment. Liability.